US firms urged to invest in PEZA zones
The Philippine Star|October 23, 2024
The Philippine Economic Zone Authority (PEZA) is encouraging American companies to invest in the country's economic zones amid ongoing initiatives to improve the business environment.
BY LOUELLA DESIDERIO

In a statement, the investment promotion agency (IPA) said PEZA acting group manager Rowena Naguit highlighted the promising investment prospects in ecozones to American firms and the compelling reasons to do business in the country during the recent 2024 USPhilippines trade mission.

Naguit discussed the expected improvements in the business climate following the ratification of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) bill.

CREATE MORE seeks to clarify ambiguities in the implementation of the CREATE Act, which introduced changes in the grant of incentives to investors.

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